Terra Validators Halt Blockchain for Second Time to Plot Next Steps

2 years ago

Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.

Terra validators pulled the plug (at slightest temporarily) connected their embattled web precocious Thursday New York time, Terra’s authoritative Twitter relationship tweeted, arsenic they searched for answers to a situation that’s demolished UST and LUNA prices, on-chain stableness and billions of dollars successful wealth.

“The Terra blockchain has officially halted astatine artifact 7607789. Terra Validators person halted the web to travel up with a program to reconstitute it,” the tweet said.

The project’s Discord assemblage was despondent successful response.

“Whatever they do, they request to bring successful the A team, radical from the large leagues that cognize what the f*ck to bash successful a crisis,” said Kenboi_Ninja successful the #general chat (where users person been restricted to 1 station per hour). “We request Sean Connery from The Rock level nerves and determination rn. Anything is imaginable successful the abstraction with the close people, bully ideas and capital. Make it hap Terra. See ya successful an hour.”

LUNA was priced astatine astir $0.008 astatine the clip the web was halted. UST was astatine $0.19.

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Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.

Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.


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